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Senators Propose Chinese Connected Car Ban
Just weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
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SEARCHMENUSEARCHJust weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
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LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced the members of the first of three panel discussions at this year’s event, which will be held Sept. 9–10 at Paris Las Vegas. “Govern or Be Governed” will be staffed by executives from several of the industry’s leading F&I product providers. Steve Amos, ... Read More »
Read More →DULUTH, Ga. — Asbury Automotive executives were confident during a quarterly earnings call Tuesday that the group’s internal cap on dealer markups, as well as its fixed F&I product prices, will keep it out of trouble with regulators like the Consumer Financial Protection Bureau (CFPB). Craig Monaghan, Asbury’s president and CEO, said he didn’t know ... Read More »
Read More →WESTLAKE VILLAGE, Calif. — In the highly competitive auto lending environment, the level of service provided — including technology and a collaborative and consultative staff — is more important than price, according to the J.D. Power 2015 U.S. Dealer Financing Satisfaction Study, which found that dealers are willing to pay a premium for high-quality service. ... Read More »
Read More →WASHINGTON, D.C. — On Wednesday, a U.S. House committee passed H.R. 1737, a bipartisan bill to repeal the Consumer Financial Protection Bureau (CFPB)’s 2013 guidance, which warned finance sources that they would be held liable for discrimination that was the result of policies allowing dealers to mark up the interest rate on retail installment sales contracts. ... Read More »
Read More →FT WAYNE, Ind. – VisionMenu has integrated Perma Plate, VAS (Vehicle Admin Services), ArmorAll, and TWS (Total Warranty Services) to vRate for its electronic menu. vRate is a feature of VisionMenu which allows the user to rate multiple providers and multiple products simultaneously. vRate is a “direct to the provider” electronic rating tool that will ... Read More »
Read More →LAS VEGAS – Early-bird pricing for the P&A Leadership Summit ends one week from tomorrow, organizers said Thursday. Attendees who register on or before Aug. 7 will enjoy a $100 discount at registration for the event, which is scheduled for Sept. 9–10, 2015, at Paris Las Vegas. “For the third consecutive year, our agenda is ... Read More »
Read More →SCOTTSDALE, Ariz. – Vero Products, a leader in vehicle after-market solutions and services to the retail automotive industry, and a division of CU Direct, has acquired Fidelis PPM. As a result of the acquisition, Vero and Fidelis PPM have formed DRIV Technologies, LLC to provide the automotive dealer community a dynamic pre-paid maintenance (PPM) technology ... Read More »
Read More →LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has named Pam Hamilton Executive Vice-President & Treasurer and appointed Robert Dickey Executive Vice-President & Chief Financial Officer. Both positions report directly to the Chief Executive Officer. CEO Brent Griggs explains, “Because of our rapid and substantial growth, it has ... Read More »
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